Managing Project Risks in the Oil and Gas Industry Course

Learn to manage project risks in the oil and gas industry. Join this course to acquire skills in identifying, assessing, and mitigating project-related risks. BMC Training offers Managing Project Risks in the Oil and Gas Industry Course in Oil and Gas Training Courses.

  • English
  • 133 Training Sessions
  • Confirmed
  • One Week
Managing Project Risks in the Oil and Gas Industry Training Course

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Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Dubai , UAE 11 - May - 2025 15 - May - 2025 5722.5 GBP
Paris , France 11 - May - 2025 15 - May - 2025 7900 GBP
Hong Kong , Hong Kong 11 - May - 2025 15 - May - 2025 9100 GBP
Tokyo , Japan 11 - May - 2025 15 - May - 2025 11500 GBP
London , UK 4 - May - 2025 8 - May - 2025 5950 GBP
Madrid , Spain 4 - May - 2025 8 - May - 2025 7500 GBP
Munich , Germany 4 - May - 2025 8 - May - 2025 8900 GBP
Berlin , Germany 4 - May - 2025 8 - May - 2025 8300 GBP
New York , United States 4 - May - 2025 8 - May - 2025 12750 GBP
Milan , Italy 4 - May - 2025 8 - May - 2025 7500 GBP
Amsterdam , Netherlands 4 - May - 2025 8 - May - 2025 9100 GBP
Kuala Lumpur , Malaysia 18 - May - 2025 22 - May - 2025 5300 GBP
Rome , Italy 18 - May - 2025 22 - May - 2025 7900 GBP
Barcelona , Spain 18 - May - 2025 22 - May - 2025 8300 GBP
Zurich , Switzerland 18 - May - 2025 22 - May - 2025 8700 GBP
Istanbul , Turkey 25 - May - 2025 29 - May - 2025 5550 GBP
Bali , Indonesia 25 - May - 2025 29 - May - 2025 8700 GBP
Singapore , Singapore 25 - May - 2025 29 - May - 2025 8400 GBP
Washington , United States 25 - May - 2025 29 - May - 2025 13500 GBP
Geneva , Switzerland 11 - May - 2025 15 - May - 2025 9950 GBP
Sydney , Australia 18 - May - 2025 22 - May - 2025 12750 GBP
Interlaken , Switzerland 18 - May - 2025 22 - May - 2025 9950 GBP
Taipei , Taiwan 25 - May - 2025 29 - May - 2025 12750 GBP
Dubai , UAE 8 - Jun - 2025 12 - Jun - 2025 5722.5 GBP
Paris , France 8 - Jun - 2025 12 - Jun - 2025 7900 GBP
Hong Kong , Hong Kong 8 - Jun - 2025 12 - Jun - 2025 9100 GBP
Tokyo , Japan 8 - Jun - 2025 12 - Jun - 2025 11500 GBP
Kuala Lumpur , Malaysia 15 - Jun - 2025 19 - Jun - 2025 5300 GBP
Rome , Italy 15 - Jun - 2025 19 - Jun - 2025 7900 GBP
Barcelona , Spain 15 - Jun - 2025 19 - Jun - 2025 8300 GBP
Zurich , Switzerland 15 - Jun - 2025 19 - Jun - 2025 8700 GBP
Istanbul , Turkey 22 - Jun - 2025 26 - Jun - 2025 5550 GBP
Bali , Indonesia 22 - Jun - 2025 26 - Jun - 2025 8700 GBP
Singapore , Singapore 22 - Jun - 2025 26 - Jun - 2025 8400 GBP
Washington , United States 22 - Jun - 2025 26 - Jun - 2025 13500 GBP
London , UK 1 - Jun - 2025 5 - Jun - 2025 5950 GBP
Madrid , Spain 1 - Jun - 2025 5 - Jun - 2025 7500 GBP
Munich , Germany 1 - Jun - 2025 5 - Jun - 2025 8900 GBP
Berlin , Germany 1 - Jun - 2025 5 - Jun - 2025 8300 GBP
New York , United States 1 - Jun - 2025 5 - Jun - 2025 12750 GBP
Amsterdam , Netherlands 1 - Jun - 2025 5 - Jun - 2025 9100 GBP
Milan , Italy 1 - Jun - 2025 5 - Jun - 2025 7500 GBP
Geneva , Switzerland 8 - Jun - 2025 12 - Jun - 2025 9950 GBP
Sydney , Australia 15 - Jun - 2025 19 - Jun - 2025 12750 GBP
Interlaken , Switzerland 15 - Jun - 2025 19 - Jun - 2025 9950 GBP
Taipei , Taiwan 22 - Jun - 2025 26 - Jun - 2025 12750 GBP
Dubai , UAE 6 - Jul - 2025 10 - Jul - 2025 5722.5 GBP
Paris , France 6 - Jul - 2025 10 - Jul - 2025 7900 GBP
Hong Kong , Hong Kong 6 - Jul - 2025 10 - Jul - 2025 9100 GBP
Tokyo , Japan 6 - Jul - 2025 10 - Jul - 2025 11500 GBP
London , UK 13 - Jul - 2025 17 - Jul - 2025 5950 GBP
Madrid , Spain 13 - Jul - 2025 17 - Jul - 2025 7500 GBP
Munich , Germany 13 - Jul - 2025 17 - Jul - 2025 8900 GBP
Berlin , Germany 13 - Jul - 2025 17 - Jul - 2025 8300 GBP
New York , United States 13 - Jul - 2025 17 - Jul - 2025 12750 GBP
Milan , Italy 13 - Jul - 2025 17 - Jul - 2025 7500 GBP
London , UK 20 - Jul - 2025 24 - Jul - 2025 5950 GBP
Madrid , Spain 20 - Jul - 2025 24 - Jul - 2025 7500 GBP
Munich , Germany 20 - Jul - 2025 24 - Jul - 2025 8900 GBP
Berlin , Germany 20 - Jul - 2025 24 - Jul - 2025 8300 GBP
New York , United States 20 - Jul - 2025 24 - Jul - 2025 12750 GBP
Amsterdam , Netherlands 13 - Jul - 2025 17 - Jul - 2025 9100 GBP
Milan , Italy 20 - Jul - 2025 24 - Jul - 2025 7500 GBP
Amsterdam , Netherlands 20 - Jul - 2025 24 - Jul - 2025 9100 GBP
Istanbul , Turkey 27 - Jul - 2025 31 - Jul - 2025 5550 GBP
Bali , Indonesia 27 - Jul - 2025 31 - Jul - 2025 8700 GBP
Singapore , Singapore 27 - Jul - 2025 31 - Jul - 2025 8400 GBP
Washington , United States 27 - Jul - 2025 31 - Jul - 2025 13500 GBP
Geneva , Switzerland 6 - Jul - 2025 10 - Jul - 2025 9950 GBP
Taipei , Taiwan 27 - Jul - 2025 31 - Jul - 2025 12750 GBP
Dubai , UAE 3 - Aug - 2025 7 - Aug - 2025 5722.5 GBP
Paris , France 3 - Aug - 2025 7 - Aug - 2025 7900 GBP
Hong Kong , Hong Kong 3 - Aug - 2025 7 - Aug - 2025 9100 GBP
Tokyo , Japan 3 - Aug - 2025 7 - Aug - 2025 11500 GBP
Kuala Lumpur , Malaysia 10 - Aug - 2025 14 - Aug - 2025 5300 GBP
Rome , Italy 10 - Aug - 2025 14 - Aug - 2025 7900 GBP
Barcelona , Spain 10 - Aug - 2025 14 - Aug - 2025 8300 GBP
Zurich , Switzerland 10 - Aug - 2025 14 - Aug - 2025 8700 GBP
Istanbul , Turkey 17 - Aug - 2025 21 - Aug - 2025 5550 GBP
Bali , Indonesia 17 - Aug - 2025 21 - Aug - 2025 8700 GBP
Singapore , Singapore 17 - Aug - 2025 21 - Aug - 2025 8400 GBP
Washington , United States 17 - Aug - 2025 21 - Aug - 2025 13500 GBP
London , UK 24 - Aug - 2025 28 - Aug - 2025 5950 GBP
Madrid , Spain 24 - Aug - 2025 28 - Aug - 2025 7500 GBP
Munich , Germany 24 - Aug - 2025 28 - Aug - 2025 8900 GBP
Berlin , Germany 24 - Aug - 2025 28 - Aug - 2025 8300 GBP
New York , United States 24 - Aug - 2025 28 - Aug - 2025 12750 GBP
Amsterdam , Netherlands 24 - Aug - 2025 28 - Aug - 2025 9100 GBP
Milan , Italy 24 - Aug - 2025 28 - Aug - 2025 7500 GBP
Geneva , Switzerland 3 - Aug - 2025 7 - Aug - 2025 9950 GBP
Sydney , Australia 10 - Aug - 2025 14 - Aug - 2025 12750 GBP
Interlaken , Switzerland 10 - Aug - 2025 14 - Aug - 2025 9950 GBP
Taipei , Taiwan 17 - Aug - 2025 21 - Aug - 2025 12750 GBP
Dubai , UAE 28 - Sep - 2025 2 - Oct - 2025 5722.5 GBP
Paris , France 28 - Sep - 2025 2 - Oct - 2025 7900 GBP
Hong Kong , Hong Kong 28 - Sep - 2025 2 - Oct - 2025 9100 GBP
Tokyo , Japan 28 - Sep - 2025 2 - Oct - 2025 11500 GBP
London , UK 7 - Sep - 2025 11 - Sep - 2025 5950 GBP
Madrid , Spain 7 - Sep - 2025 11 - Sep - 2025 7500 GBP
Munich , Germany 7 - Sep - 2025 11 - Sep - 2025 8900 GBP
Berlin , Germany 7 - Sep - 2025 11 - Sep - 2025 8300 GBP
New York , United States 7 - Sep - 2025 11 - Sep - 2025 12750 GBP
Amsterdam , Netherlands 7 - Sep - 2025 11 - Sep - 2025 9100 GBP
Milan , Italy 7 - Sep - 2025 11 - Sep - 2025 7500 GBP
Kuala Lumpur , Malaysia 14 - Sep - 2025 18 - Sep - 2025 5300 GBP
Rome , Italy 14 - Sep - 2025 18 - Sep - 2025 7900 GBP
Barcelona , Spain 14 - Sep - 2025 18 - Sep - 2025 8300 GBP
Zurich , Switzerland 14 - Sep - 2025 18 - Sep - 2025 8700 GBP
Istanbul , Turkey 21 - Sep - 2025 25 - Sep - 2025 5550 GBP
Bali , Indonesia 21 - Sep - 2025 25 - Sep - 2025 8700 GBP
Singapore , Singapore 21 - Sep - 2025 25 - Sep - 2025 8400 GBP
Washington , United States 21 - Sep - 2025 25 - Sep - 2025 13500 GBP
Geneva , Switzerland 28 - Sep - 2025 2 - Oct - 2025 9950 GBP
Sydney , Australia 14 - Sep - 2025 18 - Sep - 2025 12750 GBP
Interlaken , Switzerland 14 - Sep - 2025 18 - Sep - 2025 9950 GBP
Taipei , Taiwan 21 - Sep - 2025 25 - Sep - 2025 12750 GBP
Dubai , UAE 19 - Oct - 2025 23 - Oct - 2025 5722.5 GBP
Paris , France 19 - Oct - 2025 23 - Oct - 2025 7900 GBP
Hong Kong , Hong Kong 19 - Oct - 2025 23 - Oct - 2025 9100 GBP
Tokyo , Japan 19 - Oct - 2025 23 - Oct - 2025 11500 GBP
Istanbul , Turkey 5 - Oct - 2025 9 - Oct - 2025 5550 GBP
Bali , Indonesia 5 - Oct - 2025 9 - Oct - 2025 8700 GBP
Singapore , Singapore 5 - Oct - 2025 9 - Oct - 2025 8400 GBP
Washington , United States 5 - Oct - 2025 9 - Oct - 2025 13500 GBP
London , UK 12 - Oct - 2025 16 - Oct - 2025 5950 GBP
Madrid , Spain 12 - Oct - 2025 16 - Oct - 2025 7500 GBP
Munich , Germany 12 - Oct - 2025 16 - Oct - 2025 8900 GBP
Berlin , Germany 12 - Oct - 2025 16 - Oct - 2025 8300 GBP
New York , United States 12 - Oct - 2025 16 - Oct - 2025 12750 GBP
Amsterdam , Netherlands 12 - Oct - 2025 16 - Oct - 2025 9100 GBP
Milan , Italy 12 - Oct - 2025 16 - Oct - 2025 7500 GBP
Geneva , Switzerland 19 - Oct - 2025 23 - Oct - 2025 9950 GBP
Taipei , Taiwan 5 - Oct - 2025 9 - Oct - 2025 12750 GBP

Course Syllabus

Objectives

  • To develop key risk management competencies such as developing an appropriate risk process for an organisation in the oil & gas Industry
  • To understand the key roles, responsibilities and activities associated with project risk management
  • To understand how best to apply appropriate tools and techniques to optimise risk management for your projects
  • To deal with the changing nature of risk through a stage gated project process
  • To understand the human side of risk in terms of risk perception
  • To understand the crucial challenges and lessons learned associated with oil and gas project risk management

Programme Outline

Fundamental Project Risk Management Concepts

  • What is risk?
  • What is different about project risk in the Oil and Gas Industry?
  • The dual nature of risk: – threats and opportunities
  • Business, operational and project risk
  • Introducing the risk management process
  • Planning risk management

Roles and Responsibilities and Identifying Risks

  • Key risk management roles and responsibilities
  • Good practices adopted in oil and gas organisations
  • Alternative approaches – which is right for your organisation?
  • Risk identification
  • Oil and Gas Industry specific techniques
  • Overview of MAR, LOPA, HAZID HAZOP
  • The ‘Bow Tie’ methodology
  • Tools and techniques for project risk identification
  • Alternative techniques based on team dynamic
  • Sabotage teams
  • Categorisation and the use of Risk Breakdown Structure (RBS)

Risk Analysis techniques

  • Alternative Risk Analysis assessment formats and recommended practices in the oil and gas industry
  • Qualitative /
  • Semi-Quantitative
  • Quantitative
  • Assessing Impact
  • Organisational / Business impact versus Safety / Environmental impact
  • Tools and techniques for risk analysis
  • Sensitivity Analysis
  • Expected monetary value analysis
  • Further factors to consider – the people side of risk
  • Perception, past experience and mental outlook
  • External factors – regulator activities & the effect of catastrophic incidents in the industry
  • Modelling and Monte Carlo simulation
  • Risk Analysis outputs

Planning Risk Responses and Implementing Risk Responses

  • Risk prioritisation
  • Risk response strategies
  • Action plan formulation
  • Action plan evaluation
  • Analytical evaluation process
  • Appropriate approval / endorsement of action plans
  • Implementing and monitoring
  • Variance and trend analysis
  • Earned value management
  • Implementing response plans – good practices

 Reporting and Communicating Risk, Extracting Lessons & Lessons Learned from the Industry

  • Risk reporting
  • Escalating risks
  • Reserve analysis
  • Embedding the process
  • How to identify and feedback lessons learned
  • Key risk management lessons from the oil and gas industry and megaprojects in particular
  • Applying the lessons and how to implement in my organization

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